The redevelopment is being led by Babergh District Council in partnership with Flagship Housing Group and Lovell. The scheme has received £1.6 million funding from the Homes and Communities Agency with the land donated by Babergh District Council.
The Poplar Road shops, which date from the 1970s, will be replaced with 44 houses and flats and six new shops. The homes – 29 one-, two-, three- and four-bedroom houses and 15 two-bedroom flats – will be for affordable and intermediate rent by local people.
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Cllr Sue Wigglesworth, chairman of Babergh's Housing Panel, said: "I am delighted this very important and much-needed development for Great Cornard is getting off the ground.
"We know communities and people across Babergh need, and want, affordable homes and this development will give them that and also revitalise this estate. We owe a great deal to the close working between all our partners to finally make this vision a reality."
Doug Malins, Flagship’s head of business development, commented: “We are delighted that this regeneration project is now a reality. In addition to the provision of new homes, redeveloping local shops and services as a hub for Poplar Road is crucial for a sustainable community to thrive."
Lovell expects to complete the first phase of the scheme by the summer of 2011 and the overall development by November 2012.
(GK)
